Borrower case study: A modern financing solution for a new residential area in Riga

EstateGuru Case Study

There are many different and innovative ways in which entrepreneurs use crowdfunding for the development of their business potential and the implementation of new projects. The new residential area Juglasciems is no exception.

Although the initial stages of the project have been financed through several major Latvian banks, the developers have chosen to try the newest and most modern financing solution for real estate projects – the crowdfunding platform EstateGuru. Despite the initially skeptical assessment, the necessary funding for the project on the platform was attracted very quickly, according to the developer himself, the cooperation is convenient and easy.

Find out more about the opportunities provided by Juglasciems and the developer’s impressions about crowdfunding by watching the video: